Business Africa
China has dropped its national currency’s reference rate against the US dollar by nearly 10%, in a bit to boost its exports. The Central Bank aims to determine the real value of the Yuan on the world market, in order to take into account its supply and demand on the foreign exchange market.
00:54
Massive blackout plunges western Cuba into darkness as power grid struggles
01:00
High-rise fire in Hong Kong’s Tai Po district kills at least 36, with 279 missing
01:00
China pledges to work more closely with South Africa on range of issues
01:34
China to upgrade Zambia’s Tazara Railway in $1.4bn deal
11:18
Post-election protests trigger economic losses in Cameroon {Business Africa}
00:58
Western countries urge citizens to leave Mali as fuel crisis deepens